Govt to Earn 42 Per Cent Revenue Share from Kedarnath Ropeway Project

22 Apr 2025 CW Team

The government will earn revenue from the upcoming Kedarnath ropeway project without any capital investment, as Adani Enterprises has proposed to share forty-two per cent of earnings with the National Highway Logistics Management Ltd (NHLML), the implementing agency.

The 13-kilometre ropeway will connect Sonprayag, Gaurikund, and Kedarnath, cutting travel time from eight to nine hours to just thirty-six minutes. Designed with Tri-cable Detachable Gondola (3S) technology, each gondola will carry thirty-six passengers.

The Cabinet recently approved the Rs 40.81 billion project, which will be executed on a public private partnership (PPP) basis. The system is expected to transport eighteen thousand persons daily or around 3.2 million annually. The Kedarnath temple typically remains open for six months each year.

The successful bidder will operate, maintain, and collect fares from the ropeway for thirty-five years. The project is set for completion within six years. Last year, nearly 2.3 million pilgrims visited the Kedarnath shrine.

Meanwhile, financial bids for the 12.4-kilometre Govindghat–Ghangaria–Hemkund Sahib ropeway project, estimated at Rs 27.3 billion, will be opened next week. It will have a daily capacity of eleven thousand passengers.

Source: The Times of India

Image Source:punjabkesari

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..